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Tag: ecb

Downbeat UK Retail Sales

The recent pound gains against the U.S. dollar were trimmed this morning, after the release of downbeat UK retail sales dampened optimism over the strength of the economy, although overall […]

Brexit vote in parliament today

The dollar moved higher against a basket of currencies this morning as the euro paused after having rallied to more than three-year highs overnight amid growing expectations that the European […]

Sterling hits one week low

Sterling slipped to a one-week low against the euro today, as the single currency soared on talk that the European Central Bank could start to change its message of expansionary […]

Sterling continues to slide

Sterling extended the previous two days’ losses today as a struggling retail sector and a widening trade deficit raised concerns among some investors that the currency’s recent gains could be […]

Upbeat UK data this morning

This morning we had the UK manufacturing and industrial production data released and both beat estimates. The GBP/USD pair maintained its offered tone for the second consecutive session, albeit managed […]

May’s reshuffle was a shambles

British Prime Minister Theresa May’s leadership team shake-up, designed to restore her authority and address divisions over Brexit, was branded a shambles after one minister quit and media reported another […]

Morning Report

British house prices unexpectedly fell in December compared with November, their first decline in six months, mortgage lender Halifax said on Monday, adding to signs of weakness in the country’s […]

Steady Sterling for 2018

The British pound is set to mostly hold steady against both the dollar and the euro this year, but much will hinge on progress in Britain’s talks with Brussels on […]

Sterling slips off this morning

The British Pound became one of the worst performing majors this morning in the early trading session as more sour news related to the UK crossed the wires. Earlier on […]

Dollar weakens while Euro gains

Sterling held near a three-month high of $1.36 today, as traders paused ahead of a survey of Britain’s construction sector. the pound was trading flat amid broad general dollar weakness […]

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